My first Publication ocbc_ar17_fullreport_english | Page 215

33. ASSOCIATES (continued) The Group’s share of contingent liabilities in respect of all its associates is as follows: At 31 December: Share of contingent liabilities incurred jointly with other investors of associates 2017 $ million 2016 $ million 4,126 3,888 34. SUBSIDIARIES BANK 2017 $’000 2016 $’000 Investments in subsidiaries, at cost Quoted securities (Note 34.3) Unquoted securities Allowance for impairment (Note 32) Net carrying value 1,970,185 12,893,583 (14,067) 14,849,701 1,953,107 13,426,177 (16,425) 15,362,859 Unsecured loans and receivables Secured loans and receivables Amount due from subsidiaries 19,373,215 601,000 19,974,215 8,364,400 606,000 8,970,400 Investments in and amount due from subsidiaries 34,823,916 24,333,259 At 31 December 2017, the fair values (Level 1 of the fair value hierarchy) of the Group’s interests in its quoted subsidiaries, Great Eastern Holdings Limited and PT Bank OCBC NISP Tbk, were $11,502.7 million (2016: $8,435.3 million) and $1,811.8 million (2016: $1,792.1 million) respectively. BUILDING ON OUR CORPORATE STRATEGY FOR SUSTAINABLE GROWTH 213